Displaying items by tag: Quilter
Talk Money Week: consumers encouraged to check pension
Today marks the beginning of the Money and Pensions Service’s Talk Money Week with the theme this year being ‘Do One Thing’ – encouraging everyone to take a single, impactful step towards better financial health.
Pension experts criticise Tory 'Triple Lock Plus' plan
Pension experts have criticised the Conservatives' pledge to raise the tax-free pension allowance via a ‘Triple Lock Plus’ if they win the general election.
State pension age needs to be 71 by 2050, says ILC
The UK will have to increase the state pension age to 71 by 2050 to maintain the number of workers per retiree, according to a new report from the International Longevity Centre UK.
4 advisers join FOS list of firms hit by most complaints
Four Financial Planning and wealth management firms are included in the table of most complained-against financial services firms published by the Financial Ombudsman Service for the first half of 2023.
Pension guidance 'nudge' needs to be stronger - Quilter
Wealth manager and platform Quilter says the ‘stronger nudge’ towards pensions guidance, introduced a year ago, has so far produced “lacklustre” results and needs to be beefed up.
State pension age rise could be delayed
Plans to bring forward a rise in the state pension age which were expected to be announced in May have been put on hold, according to newspaper reports
Pension contribution warning from Quilter
Only an average of 123,000 people per year have made Class 3 National Insurance Contributions (NICs) which allow them to fill historic gaps in their NI records and receive a higher state pension over the last five years.
Rising care costs push retirement pot need to £470,000
Retirees wanting a comfortable retirement and enough money to pay for later life care need to build up around £470,000 in retirement wealth due to the cost of living crisis, according to a new report.
Transfer warnings often triggered for ‘unknown’ reason
Almost half (44%) of amber pension scam warning flag guidance sessions are being conducted without knowledge of why the flag was raised, according to the Money and Pensions Service (MAPS).
MPs call for auto-enrolment for the self-employed
A group of MPs have called for an auto-enrolment mechanism to be introduced for self-employed to get more saving into pensions.